FORM K PERFORMANCE SECURED BYLender’s Agreement • December 21st, 2011
Contract Type FiledDecember 21st, 2011recorded in the Registry of Deeds, Book , Page ; that the applicant has recorded a first mortgage with the lender dated ,recorded in the Registry of Deeds, Book , Page; coveting as shown on the above-referenced plan as security for the payment of a certain note in the principal sum of $ dollars; and that the applicant and lender hereby bind and obligate themselves, their, or its executors, administrators, devisees, heirs, successors and assigns, jointly and severally to the Town of Billerica, a Massachusetts municipal corporation, acting through its Planning Board, in the sum of dollars and have secured this obligation by the lender retaining said sum of money of said principal sum otherwise due the applicant to ensure the performance by the applicant of all covenants, conditions, agreement, terms and provisions contained in this agreement and in the following: